The South Korean crypto market is witnessing a historic moment! According to ChainCatcher, the spot trading volume of South Korea's five major crypto exchanges has surpassed $34 billion in the past 24 hours, setting a new record. This astonishing trading volume coincides with the South Korean president's announcement of a six-hour state of emergency.

According to data from CoinMarketCap, the total trading volume of these five exchanges—Upbit, Bithumb, Coinone, Korbit, and Gopax—reached $34.2 billion. Among them, Upbit's trading volume was particularly notable, reaching $27.25 billion, which is double the $18 billion trading volume on December 2, even exceeding the trading volume of South Korea's stock market on that day. This phenomenon has sparked widespread attention in the market regarding the activity of cryptocurrency trading.